The BMW Group announced its third quarter earnings before tax (EBT) margin came in at 10.6 percent, down 0.4 percent from the preceding quarter; however, the numbers were dragged down by its Motorrad motorcycle business. The company’s 4-wheeler automotive segment – the segment were are interested in - recorded an EBT margin of 9.8 percent, up 0.6 percent from the previous quarter, and 0.9% higher than the same quarter last year. The increase in profit came despite a marginal 0.6 percent drop in

Mercedes-Benz has received certification from California state authorities for its Drive Pilot system, making it the first car manufacturer authorised to introduce a SAE Level 3 system in a standard-production vehicle for public freeways in California, US. This puts the company ahead of Tesla with its Full Self-Driving (FSD) feature that is still legally classified as a Level 2 system. Drive Pilot will be available as an option for the Mercedes-Benz S-Class and EQS models in the US market, with

Despite the policy U-turn by the European Union to exempt carbon-neutral synthetic fuels (also known as e-fuels) from the trade bloc’s 2035 ban on combustion engines, Mercedes-Benz will maintain its course to phase out combustion engines in favour of battery EVs. When asked by German business publication Frankfurter Allgemeine Zeitung if Mercedes-Benz welcomes the EU’s exemption of combustion engines running on carbon neutral e-fuels from the 2035 ban, CEO Ola Kallenius said “I think technology

Mercedes-Benz Malaysia reckons that although Thailand appears to be ahead of the region in terms of policies to boost EV adoption and localization, Malaysia is still more or less on par. “If you are talking about localizing efforts or sales, I think both countries have an equal opportunity at the end of the day to showcase electric vehicles. I would say right now they are more or less on par, in terms of bringing more electric vehicle models, in terms of sales adoption, so let’s wait and see how

A couple of weeks ago, when Mercedes-Benz unveiled the production version of the Mercedes-Benz EQS luxury saloon, it curiously lacks side cameras – arguably a de-facto feature for a modern-day electric vehicle (EV). According to Daimler CEO Ola Källenius, he said that the development team of the EQS decided to stick to the traditional side mirrors because the camera-based system would have caused motion sickness. Also Read: Mercedes-Benz EQS unveiled, 770 km range and ready for L3 autonomous dri

Mercedes-Benz has given us a quick sneak peek of their upcoming Mercedes-Benz EQS! The full-electric luxury sedan is slated to make its world debut in early 2021. The EQS is the fully electric member in the new S-Class programme. Hence why the model will be produced alongside other S-Class models, soon to include the Mercedes-Maybach S-Class, in Factory 56 at the Mercedes-Benz plant in Sindelfingen (Germany). From what we can see of the EQS, the limo will have a sloping coupe roof and a shorter